PrivaSapien Technologies Pvt Ltd, a provider of enterprise solutions, has received $1 million (about Rs 8 crore) in seed funding from Omidyar Network India.
The Bengaluru-based company will use the additional funds for product development and research as well as to broaden its geographic reach, as per reported by VCCircle.
In 2019, Abilash Soundararajan and Deepika Abilash founded PrivaSapien, a company that provides risk assessment and mitigation services for privacy-related issues.
“With privacy regulations coming up across the world, there is a need for privacy engineering solutions to unlock data, without violating user privacy,” said Soundararajan.
PrivaSapien is a privacy deeptech firm, producing solutions and platform, helping businesses to prosper in the privacy era.
PrivaSapien is Winner of AIM, Niti Aayog – Aatmanirbhar Bharat ARISE-ANIC Award &
DSCI’s Privacy Application Challenge for “Privacy Due Diligence” & “Purpose Limitation” awards.
PrivaSapien provides solutions for risk assessment and mitigation pertaining to privacy concerns.